JOHN WALTER SMITH, ESQ., GOVERNOR.

committee in lunacy or any other fiduciary, it shall and may
be lawful for such court, if it shall think fit, to appoint the
Interstate Trust and Guaranty Company, the corporation
hereby created, such receiver, trustee, administrator, assignee,
guardian, committee on fiduciary, and the accounts of said
company as such receivers or other fiduciary shall be regu-
larly settled and adjusted before the tribunal having jurisdic-
tion thereof, and upon such settlement of accounts all proper
legal and customary charges, costs, commissions and expenses
shall be allowed said company as such receiver or other fidu-
ciary, for its care and management of the trust and estates
committed to its charge, and said company as such receiver
or other fiduciary shall be subject to all orders or decrees
made by the proper tribunal having charge of such trusts as
fully and in the same manner as an individual would be in
like cases; provided, however, that when any court, person
or corporation aforesaid shall appoint the said company such
receiver or other fiduciary , the capital stock as. paid in shall
be taken and considered as the only security required by law
for its faithful performance of its duties, unless such court
shall deem it necessary to require other or further security.

237

SEC. 12. And be it enacted, That any court of this State, of
any other State, or of the United States, into which moneys
may be paid or deposited by the order or decree of said court,
or the agreement of parties, may order and direct the same to
be deposited with said company; and any person, agent,
executor, administrator, guardian, committee, receiver, trus-
tee, assignee or other persons, or State, city or county officer,
or public officer, or any person or persons acting for others,
having the control or other custody of any bonds, stocks,
security, moneys or other valuables belonging to themselves
or others, are hereby authorized to deposit the same for safe
keeping with said company.

Courts,
executors, etc.
May deposit
money.

SEC. 13. And be it enacted, That said company shall be and
is hereby authorized to insure the fidelity of persons holding
places of trust or responsibility in, to, or under any State,
county, city, corporation, partnership, person or persons
whatsoever, and to become surety for the faithful performance
of any trust, office, duty, contract or agreement, and t6
supercede any judgment or go upon any appeal or other court
bond, and it is further authorized to become sole surety in all
cases where by law two or more sureties are required for the
performance of any trusts of office, and it shall be lawful for
any court clerk, register, or other officers, to appoint said com-
pany as sole surety in all such cases, but in such cases the

Authority to
bond persons.